May 16

Welcome to our series of videos on Business Strategies. Here you will find strategies we use, books we read, videos we watch that can benefit you, your team, your product/service and your team.

Today I’d like to  share how one book has caused a tremendous impact in our business. Watch this short video and learn how to apply this for your business:

Thank you for watching  and stay tuned for more!

Need a place to start? Click here to learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://meetpb.com/growyourbusiness/
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

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Mar 21

I met Matt Theriault a couple months back. Matt approached me to do an interview for his podcast. I had to agree when he explained how my book Rich Dad Poor Dad had changed his life. Matt told me how he’d purchased single-family homes for cash flow and how great it was working out. It wasn’t until I did the interview that I learned he had over 250 homes plus his company owned another 450!

Matt started a whole company helping people cash flow single-family homes. For that reason, I have asked Matt to share some of the principles he uses for cash flowing single-family homes.

How to Pick the Right Cash Flow Market – Matt Theriault

Making the decision to get started in real estate investing is typically the easy part. It’s a no brainer. With all the data available, it’s pretty clear that real estate presents one of the last, if not the final, frontiers where the average person has a legitimate shot at not only creating financial independence, but real wealth. Real estate has created more wealth for more people than any other single industry or investment vehicle. So, if you want to be financially independent and eventually wealthy, real estate presents the greatest opportunity; And that’s what I mean when I say “Making the decision” to get started is the easy part. The “what” and “where” are other stories in and of themselves.

In What to Invest?

The time-honored logic that you must walk before you run, and you must crawl before you walk is as sound in real estate investing as it is in anything else in life. To get started you must crawl, and in real estate that translates to single-family homes. The ideal single-family home consists of three bedrooms, two bathrooms in a working class neighborhood that sits right at, or just below, the median price point for the area. The reason being that this is where most tenant and buyer demand exists. Should you hit a speed bump or two in the beginning of your investing career, these are typically the easiest types of investments to put back on course, or get out of entirely and start over. Basically, the risk from the majority of angles is probably lowest with this type of property than any other.

Learn more about investing in cash flowing single-family homes

Where to Invest?

Location, location, location is the #1 rule of real estate. However, it’s meaning is often misunderstood or overlooked. What you need to know about this rule is that identical houses can have very different values based on their location. Obviously, you want the house that has the better location, but how do you know which location is best for cash flow? The best location is the one with the greatest rental demand. Although not an exact science, rental demand is typically connected to the local economy’s stability. Key indicators of a stable economy can be a diverse employer profile, developing commerce and a stable or growing population.

What location, location, location is to your property’s value; Management, management, management is to your property’s performance. At Cash Flow Savvy, we investigate the basics of every market to confirm our future investments’ value, but we don’t make an actual investment until trusted and proven property management is in place to confirm our future investments’ performance. We will choose a lesser market with good property management every time over a superior market without property management. When choosing an area for your cash flow focus, check the economy for value and confirm property management for performance.

Now that you’ve made the decision to become a cash flow investor, and you now know in what and where to make your investments, what’s next? Go find a deal!

I hope you learned something from Matt. Matt agreed to make some videos for the Rich Dad community too. Click here and Matt will explain further how to pick the best market. He’ll also answer:

  • Where do I find information on an area’s economy?
  • When I find a good economy, how do I know which neighborhoods are the best?
    • How do I find a good property manager?
    • Can’t I just manage the property myself?

Matt will write a couple more blogs for us and create more videos as well. It’s the power of giving back. In the next blog and video Matt will teach you how his company consistently finds deeply discounted properties for their clients and how you can too.

Contributor: Robert Kiyosaki

www.richdad.com

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Feb 25

Because we are huge fans of educational events and networking here is a video of the latest Rich Dad Conference Brick Buy Brick in Amsterdam. If you have the opportunity to attend an event in your area do so for the value it adds to your business and personal life are priceless.

Thank you for watching and stay tuned for more!

Need a place to start? Click here to learn how to build assets.

Just because you watched the whole video there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

 

 

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Feb 08

Gaining real world leadership experience through volunteering

One of the reasons I attended a federal military academy as a young man, rather than a normal university, was that I knew I needed to develop leadership skills if I wanted to become an entrepreneur. After graduation, I went into the U.S. Marine Corps and became a pilot to test my skills in the real world.

I still remember the commanding officer of my Vietnam squadron saying, “Gentlemen, your most important job is to ask your troops to risk their lives for you, your team, and your country.” He went on to say, “If you don’t inspire them to do that, they will probably shoot you in the back. Troops don’t follow a leader who does not lead.”

The same thing goes on in businesses every day. Most businesses fail because they have weak leadership, not because of outside factors.

Say, “I’ll do that.”

One of the most valuable lessons rich dad taught me about leadership was, “A leader’s job is to bring out the best in people, not be the best person. If you are the smartest person on your business team, your business is in trouble.”

Naturally, I get many questions from people on how to be a better leader. I always have the same advice: Volunteer more.

In most organizations, it is hard to find people who actually want to lead. Most people are just fine being told what to do.

I tell people, “At your church, volunteer to take on projects. At work, volunteer to lead projects. In your community, volunteer to coach sports teams.” By doing this, you can gain valuable leadership experience—and make a lot of friends who can help you out down the road, both in business and in life.

The secret of a true leader

Through volunteering, you can get feedback on your real-life leadership skills. If you volunteer to lead and no one follows, you have some real-life learning and correcting to do! You’ll need to ask for some feedback and act on it.

A true leader knows when to listen to others. I have said before that I am not a good businessman or investor. I am average. I rely on the advice of my advisors and team members to help me be a better leader.

And the secret is, that’s one of the greatest traits of a leader—to ask, genuinely, how they can be better. As my squadron commander used to say, “True leaders are not born leaders. True leaders want to be leaders and are willing to be trained.”

Improve your leadership skills by learning from other like-minded individuals in our free, online community.

Thank you for reading and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you read the whole article there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

 

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Feb 01

The importance of a diverse team to build a big business

In my teachings on the CASHFLOW Quadrant, I make the case for building a business on the right side of the quadrant – for being in the B-quadrant. Inevitably, some people come up to me who work for themselves and convince me that they are doing what I talked about.

I have to explain to them that they are not in the B-quadrant, but instead in the S-quadrant. They are self-employed, not business owners. They own a job, not a company or system.

A team makes all the difference

The natural question is, “What is the difference between a B-quadrant business and an S-quadrant business?”

My reply is, “The team.”

Most S-quadrant businesses are either structured as sole proprietorships or partnerships. They could be teams, but not in the way B-quadrant businesses are teams.

B-quadrant businesses bring different types of people with different skills together to build something greater than each individual. S-quadrant businesses bring the same types of people together, but they don’t build something greater than the individuals; they simply offer more of the same.

The tetrahedron business model

One of my greatest teachers was R. Buckminster Fuller. One of Fuller’s passions was to find what he called “the building blocks of the universe.” In his search, he found out that squares and cubes do not exist in nature. His belief was that nature was built with tetrahedrons.

When I look at the great pyramids of Egypt, I understand a little more of what Fuller was talking about. Tall skyscrapers come and go, but the pyramids have withstood the test of time through many centuries.

The prefix “tetra” means four. In other words, a tetrahedron has four points. After studying with Fuller, I began to see the importance of having structures with a minimum of four points.

The following are graphic depictions of different business structures:

The most stable of these businesses is a B-quadrant business. In detail, it would look like this:

How it works

A well-managed business will have excellent employees. They are an extension of the business owner and represent the business to the customer.

It will also have a good team of specialists, such as lawyers, accountants, and more. While specialists may not participate daily in the business, their guidance is invaluable in keeping your business moving in the right direction.

Investors fund the business and allow it to become financially viable, while the business owners set the vision and direction for the business, leading the teams forward.

The structure has a better chance of being stable and enduring if all four of these points are working in concert.

What does this mean for you?

If you’ve been trying to build a business, but have found it difficult, it may be time to sit down and do a sober assessment. What kind of team have you built? What model is your business built on? How many points does it have?

If you find that you’re lacking at least four points, it may be time to make some changes. This is not to say you can’t be successful following other models, but it’s that much harder because they are that less stable. And businesses that don’t follow the tetrahedron model rarely grow to be large.

It’s all about knowing what you want and making the right changes to get there.

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Jan 25

Why remembering to have fun will make you more successful

When it comes to both financial and personal growth, we ladies can take ourselves a bit too seriously at times. I get it! Things can get stressful, and there’s certainly a lot to learn and do when it comes to achieving financial independence.

But I think it’s important to remember that investing is supposed to be fun too!

In fact, remembering to have fun might be the single most fundamental rule of all.

Having fun means:

Celebrating wins

I highly recommend you celebrate each win along your journey to financial freedom. Acknowledge when you’ve been successful, whether financially or personally. Take pride in overcoming personal fears and just diving in. Worry less about money, and focus more on building confidence. Gain control of your life. There will be many victories along the way, and celebrating them is key to continuing to move forward!

Finding the next puzzle piece

Your investments are like puzzle pieces, and your goals like a puzzle. Each new investment gets you that much closer to a complete picture. You just have to figure out what piece you need and where it goes in the puzzle. And puzzles are fun!

Seek out that next investment. Follow the progress of your existing ones. Figure out how to increase the income and cash flow of your investments. Learn something new every day. Each of these activities will help you discover the pieces you need and how to better use the ones you already have.

Enjoying the ride

I love a good road trip—especially with my girlfriends (and if we’re in a convertible!)

One of the most rewarding things I’ve experienced as an investor is making new friends, learning from them, and growing with them. Like anything else, investing is more fun when you have some friends with you.

Together, you’ll have great adventures and learn a lot. Together, you’ll enjoy the fruit of success, and comfort each other when things don’t quite go your way. Together, you’ll have the ride of your life.

At the end of the day, investing is scary, but it’s also a lot of fun. By remembering this, you’ll be that much happier and that much more successful.

So, let the fun begin…today!

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Jan 20

 

Why the curious always win in investing and life

My friend Karen is a successful real estate investor. A friend of mine was surprised when Karen asked her if she wanted to attend a two-day real estate seminar offered by a private company.

“Why are you taking a real estate class?” my friend asked. “That’s what you do every day, and you’re so successful at it already. What can they teach you?”

Karen’s response was worth its weight in gold. “That may be why I do better than the average real estate investor. I’m always looking for that edge. There is so much information. I never stop learning.”

Unfortunately, my friend didn’t join Karen. Though she is a real estate investor too, she is not doing well. She hasn’t bought or sold a property in the last three years because her formula isn’t working any more. She isn’t willing to look for new answers. Her decision to stop learning has translated into a lack of success.

I have another friend named Frank. He’s in his eighties, but I think he’ll live forever because he never stops learning. Each day, I get articles from Frank in my email inbox. These are articles related to the world economy and investing.

Frank is very active and eclectic. One week he’s in China reviewing the gold mine he took public. The next week he’s in Vancouver, B.C. taking an art class. We frequently see him at Rich Dad seminars, as well.

Though he’s older, Frank uses the latest and greatest technology to make his businesses run more efficiently. He just never stops learning…and I’m fortunate to keep learning from him.

People like Karen and Frank are successful for a reason. They’re willing to put in the effort required to always keep learning. They understand that financial success is not a sprint but instead a marathon. They get out there and put their feet to the pavement day in and day out. They stay humble. And they have an insatiable curiosity.

If you want to be successful in life, you could learn a few things from them. Because when it comes to investing, there are three methods to choose from:

1. Keep up with change.

2. Keep ahead of change.

3. Get passed up by change.

Why? Because in the financial markets, nothing stays the same. The rules are always changing. To be a winning investor, you’ve got to change as the markets change. And that means always learning.

In order to keep growing personally and to grow your income there is no substitute for this maxim:                                             Always keep learning

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Jan 11

Getting past quick fixes and focusing on the long haul

I hear this one a lot: “I have $5,000 to invest. Where should I put it? Do you have a hot tip for me?”

The reality is that for most people, when it comes to investing, they simply want to be told what to do rather than figure out what to do for themselves. People love a quick fix.

There is no quick fix

No time of year do you see this more prevalently than in the New Year. People want to lose weight, so they jump on the latest fad diet, only to abandon it a few weeks later. People want to stop smoking, so they throw away that half-smoked pack, only to buy a new one a couple days later.

Unfortunately, they don’t do the hard work it takes to build the necessary foundations to win in the long term.

Success is a process

New Year’s resolutions are a process. You can’t just change your life with the flip of a calendar. It takes hard work over a sustained period of time with a good plan to make a change. This is just as true when it comes to investing.

Financial independence doesn’t happen overnight. There is no quick fix. Investing is like learning a new language; you don’t become fluent in one day. You must practice, practice, practice.

In the process, you will make some mistakes. But as you keep up with it, just as with a language, you will become more and more fluent. Every mistake you make simply makes you smarter.

How to build a dome

This is true for even the greatest minds on the planet. A while back, I watched a video by R. Buckminster Fuller, the inventor of the geodesic dome and a revolutionary philosopher, futurist, and architect.

In the video, he and his students were building the dome they had tried to build many times, but it had never held. In this video, they thought they had the perfect specifications and that the dome would stand. Only, it didn’t. It collapsed one more time. The students were in disbelief, discouraged, and dejected. But not Fuller. He was ecstatic!

“This is wonderful!” said Fuller. “I can see what we did wrong! We are one step closer to building a successful dome.”

Every process includes mistakes

Fuller wasn’t upset that the dome didn’t stand. He knew he was in the middle of a process, and each step of the process took him closer to reaching his goal.

As an investor, the process never ends. Each day, you learn new things, and mistakes are part of that learning process. It may not feel great to make those mistakes, but they’re key to learning and eventually getting what you want.

As actress Elizabeth Taylor said, “It’s not the having, it’s the getting.”

This New Year, take some time to write down your goals and figure out what the process will be to get there. Also, reflect on the mistakes you made in the last year. How can you learn from them? What lessons do they hold for you? How can you apply those lessons in the coming year?

Do that, and you’ll be on the journey to success.

Thank you for reading and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you read the whole article there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

Contributor: Kim Kiyosaki 

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Jan 08

The power in changing yourself, not just your habits

It’s a new year, and all around us people are making resolutions. More than likely, you’ve made some yourself. According to Time, the most common resolutions revolve around three things:

  • Health
  • Money
  • Experiences

These are also the most commonly broken resolutions. That’s not a coincidence.

For most people, New Year’s resolutions focus on things to be done, external things we want to start or quit. Rarely, however, do they involve changing or transforming our fundamental personal traits.

And this is a shame, because it is our personal traits that most often lead to our actions, both wanted and unwanted.

For instance, if I have a problem with overeating, I must not simply make a promise to eat better—I must fix what it is about me that leads to overeating. I must develop new personal traits that will allow me to be successful in what I set out to do. Without doing that, I won’t have the stamina and strength to accomplish my exterior resolution.

Rich dad understood this. To him, there were five personal traits that were required to be successful in life and in business. They are:

  1. VisionThe ability to see a better future. With any goal, you must be able to understand why you are going where you are going. It is not enough to say you want to quit smoking. You must understand the reason why, such as being around for your kids in old age.
  2. CourageThe ability to act despite tremendous doubt. Anytime you change something or start something new, it can be scary. We all love the comfort and the security of the familiar. But it is only the courageous who can blaze new trails and make a positive impact on the world around them.
  3. CreativityThe ability to think outside the box. As the old adage goes, “The definition of insanity is doing the same thing over and over again and expecting different results.” On this journey of life, as we seek to achieve our goals, we will often make mistakes. The question is, “What will you learn from them?” The most successful people on the planet are able to embrace the lessons from mistakes and use them to find new and unexplored ways of moving forward. That is the essence of creativity.
  4. FortitudeThe ability to withstand criticism. There is not one successful person who has not been criticized. No matter what you set out to do in life, you will meet opposition. Sometimes this criticism comes from other people—and sometimes it comes from that little voice in our head! Either way, you must be able to push forward even when all else is telling you that you’ll fail. And when you do fail, you’ll be able to get up and get moving again. After all, “It’s not how many times you fall, it’s how many times you get up.”
  5. PatienceThe ability to delay gratification. It can be very difficult to learn to deny short-term, immediate self-gratification in favor of long-term reward. If you want to be healthy, you have to stop eating comfort foods. If you want to travel, you have to save for the trip. If you want to get rich, you have to work hard at building your financial intelligence and investments over time. There is no quick way. There are no short cuts. At least, not any that last. Achieving success in anything takes tremendous patience.

Don’t wait any longer! Begin changing yourself today.

Thank you for reading and stay tuned for more!

Need a place to start? Click here and learn how to build assets.

Just because you read the whole article there is a free gift waiting for you

*Click HERE and it’s a hidden download (here is a hint – think exit….)

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

Contributor: Robert Kiyosaki

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Dec 29

Get the help you need to see your path to financial freedom

At the time, it felt like 1985 was the worst year of our life. But in hindsight, it was the beginning of our best years.

We were flat out broke. Between the two of us, Kim and I had about $400,000 in personal debt, most of which I owed to creditors due to the loss of my first business—and the interest was making that number grow fast.

What little savings we had was gone in three months, and for a short period of time, we were homeless. To survive, we maxed out every credit card we had, which meant our debt was growing even more.

Our most valuable lessons

We were tempted to declare bankruptcy and start over, but we didn’t. We chose to learn the important lessons that paying back the debt would teach us. By 1990, we were out of debt, and a few years later, we were financially free. Today, we’re worth over millions.

We are richer, not just because we have a lot of money—but also from the experience and the lessons we learned digging our way out of debt. The following are the six essential and easy tips we learned from our experience that can help you also eliminate your debt and get richer.

Tip #1: If you have credit cards with outstanding balances, keep only one or two credit cards in your wallet.

Keep the other cards out of sight, preferably in a safe or a safety-deposit box. Any new charges you add to the one or two cards you now have must be paid off every month. Do not incur any further long-term bad debt.

Tip #2: Come up with $150 to $200 extra per month.

When Kim and I were in our toughest times financially, we learned how to hustle. We worked odd jobs here and there, all while working on building our own business on the weekends. It wasn’t hard to earn a little extra money here and there. We simply had to keep our mind open to the possibilities around us. If you cannot generate an additional $150 to $200 per month, then your chances for achieving financial freedom may only be a pipe dream.

Tip #3: Apply the additional $150 to $200 to your monthly payment of ONLY ONE of your credit cards.

Pay the minimum PLUS the $150 to $200 on that one credit card. Pay only the minimum amount due on all other credit cards. Often people try to pay a little extra each month on all their cards, but those cards surprisingly never get paid off.

Tip #4: Once the first card is paid off, apply the total amount you were paying each month on that card to your next credit card.

Pay the minimum amount due on the second card PLUS the total monthly payment you were paying on your first credit card.

Continue this process with all your credit cards and other consumer credit such as store charges. With each debt you pay off, add the full amount you were paying on that paid-off debt to the minimum payment of your next debt. As you pay off each debt, the monthly amount you are paying on the next debt will increase.

Tip #5: Once all your credit cards are paid off, continue the procedure with your car and house payments.

If you follow this procedure, you will be amazed at the shortened amount of time it takes for you to be completely debt-free. Most people can be debt-free within five to seven years.

Tip #6: Now that you are completely debt-free, take the monthly amount you were paying on your last debt and put that money toward investments.

That’s how simple it is.

The good news is you don’t have to do this alone!

When Kim and I were getting out of debt and on the path to making millions, we had friends and advisors every step of the way. We believe so strongly in the power of a community, that we’ve spent our lives building a company that provides for countless others the same help and encouragement we had.

You can start getting out of debt—and getting richer—today!

If you’re ready to take control of your financial future, our newest QuickStart program is here to help.

Learn proven principals and strategies—like the six I just shared—that Kim and I used to erase $400,000 in bad debt.

Now is the time to take action. Don’t wait.

Pedro Marques
PHC-BR International
Skype: chagas-es

Click here to work with me personally.

Check our website: http://www.phcbrinternational.com
Watch our bloghttp://www.businessexpertsonline.net
Like our page: https://www.facebook.com/PHC.BR.International
Follow us: https://twitter.com/PHC_BR

 

Contributor: Robert Kiyosaki.
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"If something is going to affect your life, it's best to know as much as you can about it." - Donald J. Trump
 

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